Tax Legislation: House Bill Introduced to Raise IDB Cap, Increase Scope

Kinnander, Ola
March 2002
Bond Buyer;3/4/2002, Vol. 339 Issue 31336, p4
Trade Publication
Reports on the introduction of a bill proposing the approval of industrial development bonds (IDB) for manufacturing industries by New York Democrat Gregory Meeks in the last week of February 2002. Provisions of the proposed legislation regarding IDB limits; Impact of a lobbying campaign launched by the Council of Development Finance Agencies; Problems faced by manufacturing companies regarding IDBs.


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